Teletrac and McLeods partnership helps companies stay on top of their Hours of Service and remain federally compliant

Feds Again Extend HOS Rules

Federal regulators issued a fourth extension of a rare 50-state exemption of hours-of-service (HOS) rules due to ongoing health risks caused by COVID-19. The Federal Motor Carrier Safety Administration (FMCSA) announced in February it was…

U.S. Department of Transportation’s Federal Motor Carrier Safety Administration (FMCSA)

Feds Order Nixx LLC To Halt Operations

A small carrier based in MT has been declared an imminent hazard and ordered to stop operating by federal safety officials after they discovered widespread violations of safety regulations. The infractions ranged from drivers without commercial…

ThompsonGas

ThompsonGas Expands Holdings

ThompsonGas, based in Frederick, Md., has acquired All Service Propane, a propane provider based in Anderson, Calif, in the northern region of the state. “We are pleased to announce that we have added All Service…

Goodyear Acquiring Cooper Tires, Goodyear Tire and Rubber Co. has entered into a definitive transaction agreement to acquire Cooper Tire and Rubber Co, Goodyear Tire and Rubber Co acquiring Cooper Tire and Rubber Co, Goodyear Tire acquiring Cooper Tire, Goodyear Tire and Rubber Co acquiring Cooper Tire

Goodyear Acquiring Cooper Tire

Goodyear Tire and Rubber Co. has entered into a definitive transaction agreement to acquire Cooper Tire and Rubber Co. in a deal valued at about $2.8 billion. The transaction, subject to customary closing conditions, is…

Frozen Pipeline

Cold Snap Roiled Gas Market

The February cold snap that pushed liquefied natural gas (LNG) prices to record highs is also roiling liquid petroleum gas (LPG), leading to shortages of the gas that’s used for heating and cooking as well…

FedEx Ground Truck at night

New Chief at FedEx

John A. Smith, president and chief executive officer of FedEx Freight, will be named president and chief executive of FedEx Ground on June 1. Smith succeeds Henry Maier, who will remain at FedEx as an…

UPS Freight

UPS & TFI sign $800 million deal

UPS is selling its UPS Freight less-than-truckload (LTL) division to TFI International Inc. for $800 million. The decision to sell UPS Freight aligns with the company’s “better not bigger” strategic positioning, according to a UPS…

Line of colorful semi-trailer cabs.

5 Trucking Merger & Acquisition Takeaways

The trucking merger and acquisition arena was anything but ordinary in 2020. Within the liquid/dry bulk vertical we saw several transfers of ownership. A few notable transactions included: Kenan Advantage’s purchases of Fort Transfer, Paul’s…

Tank Transport